General Mills Reaffirms 2016 Guidance, Sales To Decline At A Low Single-Digit Rate - General Mills (NYSE:GIS)

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

General Mills, Inc. (NYSE: GIS) on Tuesday reaffirmed its key financial targets for its fiscal year ending May 29, 2016.General Mills continues to expect total net sales in a constant currency to decline at a low single-digit rate from 2015's level. The company noted that 2015 included a 53rd week and its 2016 guidance also reflects the impact of the Green Giant divestiture.General Mills added that it continues to expect its total segment operating profit in constant currency to "essentially match" 2015's performance. Fiscal 2016 adjusted diluted earnings per share are expected to grow at a low single-digit rate in constant currency from the base of $2.86 per share it earned in fiscal 2015.Shares of General Mills showed no trades early Tuesday morning.

20-Year Pro Trader Reveals His "MoneyLine"

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!